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SWIFT/BIC code PASCITM107V

PASCITM107V belongs to Banca Monte Dei Paschi di Siena S.P.A. in Gazzo, Italy.

PASCITM107V

Code details

SWIFT/BIC codePASCITM107V
8-character codePASCITM1
Branch code07V
BankBanca Monte Dei Paschi di Siena S.P.A.
BranchGazzo
CityGazzo
CountryItaly

The way the Banca Monte Dei Paschi di Siena S.P.A. SWIFT/BIC is structured

A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:

PASC Bank code
4 letters that identify the bank.
IT Country code
2 letters for the country (ISO 3166).
M1 Location code
2 characters for the city or region of the head office.
07V Branch code
3 characters for a specific branch. XXX means the head office.

Check before you send

  • Ask the recipient which bank and branch the account is held at.
  • Use the head office code (XXX) when no branch is specified.
  • Make sure the country in the code matches the country of the account.

Frequently asked questions

Which bank uses SWIFT/BIC code PASCITM107V?

PASCITM107V is the SWIFT/BIC code of Gazzo, a branch or department of Banca Monte Dei Paschi di Siena S.P.A. in Gazzo, Italy. Use this branch code only when the account is held at this specific branch.

What is the cheapest way to send money to Banca Monte Dei Paschi di Siena S.P.A. in Italy?

Many banks add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send – the difference can be large.

What do the letters in PASCITM107V mean?

PASC is the bank code of Banca Monte Dei Paschi di Siena S.P.A., IT is the ISO code of Italy, M1 is the location code and 07V is the code of the department Gazzo.

What happens if I use PASCITM107V with a typo?

The payment may be delayed, returned or charged extra fees. Always check PASCITM107V with the recipient before you confirm.

Can I use PASCITM1 instead of PASCITM107V?

PASCITM1 is the head office of Banca Monte Dei Paschi di Siena S.P.A., while PASCITM107V is Gazzo. Most international transfers work with the head office code, but use PASCITM107V if the recipient asks for it.

How long does it take to send money to Banca Monte Dei Paschi di Siena S.P.A.?

SEPA payments in euros usually arrive within one business day. Transfers in other currencies can take 2–4 business days.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.